The Nigerian Stock Exchange X-Gen News Alert - Seplat Petroleum Development Company Ltd
Company Name: Seplat Petroleum Development Company Ltd (http://SeplatPetroleum.com)
Company Symbol: SEPLAT
[SEPLAT]>> Company Reports
Seplat Petroleum Development Company Plc
Full Year 2016 Financial Results
Market Summary
12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
31-Dec-16 31-Dec-15 31-Dec-16 31-Dec-15
Audited Audited Audited Audited
$'000 $'000 N'million N'million
Revenue 254,217 570,477 63,384 112,972
(Loss)/Profit before Taxation (172,766) 87,079 (47,419) 17,243
Taxation 6,672 (21,472) 2,035 (4,252)
(Loss)/Profit after Taxation (166,094) 65,607 (45,384) 12,991
Foreign Currency Translation Reserve 3,350 (299) 144,248 20,540
Total Comprehensive (Loss)/Income for the Year (162,181) 65,308 99,036 33,531
Profit Attributable to Non-Controlling Interest 1,504 2,154 536 427
(Loss)Profit Attributable to Parent (160,677) 67,462 99,572 33,958
Earnings per Share ($/N) $(0.29) $0.12 N(79.73) N23.94
Proposed Dividend per Share $0.00 $0.04 N0.00 N7.92
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